News
Draft Term Sheets: Expectation Setting
Suzanne Dingwall Williams has a post up about Draft Term Sheets. Suzanne doesn’t appear to like them:
Full Story: http://ricksegal.typepad.com/pmv/2006/10/draft_term_shee.html
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Inside Entrepreneurship: Whoever leads the deal dictates the terms
By SUSAN SCHRETER
SPECIAL TO THE P-I
Q: What should I know about term sheets? I’ve got some patentable concepts for cell phone and PDA user interfaces. I expect to raise angel money first and then some venture fund money. It seems the investors always dictate investment terms, so why are people telling me I need to hire a lawyer to develop a term sheet before approaching investors? Isn’t this the investor’s job? I’m getting conflicting information!
Full Story: http://seattlepi.nwsource.com/business/288538_schreter13.html
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